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Title: david morgan Post by: molecular on August 15, 2012, 11:27:33 PM David Morgan, the silver guru. hasn't he heard of bitcoin yet?
http://www.youtube.com/watch?v=s7PSwVo7OW8 Quote from: david morgan and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market. does this sound like bitcoin to you? gold -> silver -> bitcoin ? Title: Re: david morgan Post by: smoothie on August 15, 2012, 11:53:53 PM David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8 Quote from: david morgan and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market. does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! Title: Re: david morgan Post by: molecular on August 16, 2012, 12:03:27 AM David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8 Quote from: david morgan and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market. does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie ;) "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference ;). The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Title: Re: david morgan Post by: smoothie on August 16, 2012, 12:06:02 AM David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8 Quote from: david morgan and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market. does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie ;) "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference ;). The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Oh yeah? I didn't realize it was an honor to get a post from me hehe. Yes Max Keiser has been on Alex Jone's Show, Mike Maloney interviews, Gerald Celente has been on the Keiser Report. Big names and big players.....David Morgan has spoken with Mike Maloney and Max Keiser. ;D ;D ;D Edit: Yes I follow BrotherJohnF. He and I learned about bitcoin from Davincij15 on youtube. Of course I found out first before BrotherJohnF. But he has great commentary and good insights. Title: Re: david morgan Post by: molecular on August 16, 2012, 12:17:28 AM David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8 Quote from: david morgan and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market. does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie ;) "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference ;). The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Oh yeah? I didn't realize it was an honor to get a post from me hehe. Yes Max Keiser has been on Alex Jone's Show, Mike Maloney interviews, Gerald Celente has been on the Keiser Report. Big names and big players.....David Morgan has spoken with Mike Maloney and Max Keiser. ;D ;D ;D Edit: Yes I follow BrotherJohnF. He and I learned about bitcoin from Davincij15 on youtube. Of course I found out first before BrotherJohnF. But he has great commentary and good insights. that's the battle, right there ;) of course it's an honor to be answered by you. Surely, the NAMES market each other on their channels... that's how it works. Doesn't mean their "tight", though. How to get Morgan or any of these guys (visionvictory comes to mind additionally) to come to the conference? Title: Re: david morgan Post by: smoothie on August 16, 2012, 12:19:36 AM David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8 Quote from: david morgan and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market. does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie ;) "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference ;). The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Oh yeah? I didn't realize it was an honor to get a post from me hehe. Yes Max Keiser has been on Alex Jone's Show, Mike Maloney interviews, Gerald Celente has been on the Keiser Report. Big names and big players.....David Morgan has spoken with Mike Maloney and Max Keiser. ;D ;D ;D Edit: Yes I follow BrotherJohnF. He and I learned about bitcoin from Davincij15 on youtube. Of course I found out first before BrotherJohnF. But he has great commentary and good insights. that's the battle, right there ;) of course it's an honor to be answered by you. Surely, the NAMES market each other on their channels... that's how it works. Doesn't mean their "tight", though. How to get Morgan or any of these guys (visionvictory comes to mind additionally) to come to the conference? If you watch how many times each of these guys are on each others shows, they are "tight". The libertarian community is smaller than you think. These are the biggest names in the new paradigm that will come when we have monetary reform. I want Jim Rogers too... Title: Re: david morgan Post by: molecular on August 16, 2012, 12:20:32 AM The libertarian community is smaller than you think. fuck Title: Re: david morgan Post by: fcmatt on August 16, 2012, 12:26:01 AM Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen.
Title: Re: david morgan Post by: smoothie on August 16, 2012, 12:31:40 AM Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen. Prejudging are we? Max Keiser isn't much older than i am. I'm 29. He is what...35? 40? at most? Title: Re: david morgan Post by: molecular on August 16, 2012, 12:36:37 AM Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen. this might be true, but we'll see... never underestimate... Title: Re: david morgan Post by: aq on August 16, 2012, 12:38:06 AM Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen. Prejudging are we? Max Keiser isn't much older than i am. I'm 29. He is what...35? 40? at most? Title: Re: david morgan Post by: cypherdoc on August 16, 2012, 12:53:48 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Title: Re: david morgan Post by: smoothie on August 16, 2012, 12:54:41 AM Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen. Prejudging are we? Max Keiser isn't much older than i am. I'm 29. He is what...35? 40? at most? Young at heart then... Title: Re: david morgan Post by: smoothie on August 16, 2012, 12:55:10 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... Title: Re: david morgan Post by: fcmatt on August 16, 2012, 01:04:30 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Title: Re: david morgan Post by: smoothie on August 16, 2012, 01:07:49 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... :D Title: Re: david morgan Post by: fcmatt on August 16, 2012, 01:17:17 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... :D metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. Title: Re: david morgan Post by: Serge on August 16, 2012, 01:20:23 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... This is Information Age. Your metals are good for electronics and some jewelry, that's it. Other than that they're expensive store of value, not easily divisible and not easily transferable across distances which is also expensive. Title: Re: david morgan Post by: adamstgBit on August 16, 2012, 01:22:05 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... :D metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. so tell me are are you doing next? Title: Re: david morgan Post by: fcmatt on August 16, 2012, 02:00:07 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... :D metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. so tell me are are you doing next? i reread my post. my collection of half eagles was only 40-50 coins. not the full run. i wish i had 1854-S/1875-P half eagle. anyway. i am paying down all debt. one car left. paid off 25% more of the mortgage in last 16 months and refi'd to 15 yr at 3%. have to consider tax things if pay off the rest as soon as possible. soaks up cash just sitting around in checking account. always fully fund ira and/or 401K. my wife and i. have new born son. not as expensive as I thought but there goes 1500 a month easy once you add in day care. taking a stab at sales. i am network eng. we have new colo facility. lining up customer who wants 250 servers for example. way to generate more income while doing my regular job. thinking about commercial property downtown. older building that can be redone. store on bottom, not sure what on top. think older brick building, two stories. like an old hardware store that has character that was built in 1880. tough to find right place though. improve value of what i have. house front yard landscaped last year. this year and early spring back yard. i need the exercise anyway. so with no obvious easy money ideas available i just keep busy. just don't lose the money seems to be the theme right now with paying down debt and maintain what you own. dreaming of owning a commercial property while chance to buy is lower price. economy will eventually turn around and interest rates are low. i wish i saw the next good thing. but i don't know yet. if i had to guess it would be small cap stocks when economy turns around. right now large cap are winning the day. Title: Re: david morgan Post by: smoothie on August 16, 2012, 02:14:56 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... :D metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. Seriously you are wasting your time typing all of that. I read 3 words and stopped and replied here. ;D ;D ;D From the looks of it you appear to be useless given that I refuse to even read what you type. LOL! Title: Re: david morgan Post by: fcmatt on August 16, 2012, 02:18:35 AM He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog. Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... :D metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. Seriously you are wasting your time typing all of that. I read 3 words and stopped and replied here. ;D ;D ;D From the looks of it you appear to be useless given that I refuse to even read what you type. LOL! http://4.bp.blogspot.com/_FMNcJQjGUHQ/S1s_1d4Zh8I/AAAAAAAAA0I/pExCMKUiIDQ/s200/useless-wasabi.gif :-P bitcoin bubble part duex. prepare your exit plan kids. Title: Re: david morgan Post by: Serge on August 16, 2012, 02:20:29 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snip 'em up at wholesale discount again Title: Re: david morgan Post by: fcmatt on August 16, 2012, 02:21:55 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snap 'em up at wholesale discount again you make it sound like you know when to exit. 100% profit? 200% profit? what is your exit plan? don't let greed win out. set your stop loss in your head before you ride it down. Title: Re: david morgan Post by: adamstgBit on August 16, 2012, 02:25:18 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snap 'em up at wholesale discount again you make it sound like you know when to exit. 100% profit? 200% profit? what is your exit plan? don't let greed win out. set your stop loss in your head before you ride it down. the wall at 13 will hold... OH SHIT NO WALL! Edit: now theirs a wall Title: Re: david morgan Post by: smoothie on August 16, 2012, 02:31:39 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snap 'em up at wholesale discount again you make it sound like you know when to exit. 100% profit? 200% profit? what is your exit plan? don't let greed win out. set your stop loss in your head before you ride it down. fcmatt thanks for the concern about out exit strategy. Why don't you go back to ranting about metals gurus? It suits you! :D Title: Re: david morgan Post by: Serge on August 16, 2012, 02:31:51 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snap 'em up at wholesale discount again you make it sound like you know when to exit. 100% profit? 200% profit? what is your exit plan? don't let greed win out. i'll just buy more at super cheap rates if we get to it which i highly doubt. i'm not selling while there is strong demand out there. last year i did well on down trend but i'm staying out on uptrends - i lose more this way if i trade on up. exit plan: retire on Bitcoin =) Title: Re: david morgan Post by: fcmatt on August 16, 2012, 02:32:47 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snap 'em up at wholesale discount again you make it sound like you know when to exit. 100% profit? 200% profit? what is your exit plan? don't let greed win out. set your stop loss in your head before you ride it down. fcmatt thanks for the concern about out exit strategy. Why don't you go back to ranting about metals gurus? It suits you! :D smoothie, why is your ignore link under your name high lighted? Title: Re: david morgan Post by: smoothie on August 16, 2012, 02:36:35 AM i am not useless. i can be used as bad example. :-P bitcoin bubble part duex. prepare your exit plan kids. IF that happens we'll just snap 'em up at wholesale discount again you make it sound like you know when to exit. 100% profit? 200% profit? what is your exit plan? don't let greed win out. set your stop loss in your head before you ride it down. fcmatt thanks for the concern about out exit strategy. Why don't you go back to ranting about metals gurus? It suits you! :D smoothie, why is your ignore link under your name high lighted? Because I end up trolling people like you so hard that you end up having nothing to say in retort so the ignore button gets pushed. :D Title: Re: david morgan Post by: sunnankar on August 16, 2012, 05:58:41 AM All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Mike Maloney knows, or should know, about Bitcoin because I had an hour long lunch with him where we discussed it in depth. And Mike is not the only one; I have spent considerable time discussing Bitcoin in depth with many of the various writers. A few of them get it and most of them do not. There is a huge learning curve with Bitcoin and it takes a tremendous amount of monetary science, cryptography, computer science, economics and other disciplines to really grasp it. Of course, the best way to learn is to do it. So, refuse to buy their stuff until they accept Bitcoins. That will help them learn real quick! But they will get it faster than your local idiot peddling MBSes at Wells Fargo. Title: Re: david morgan Post by: smoothie on August 16, 2012, 06:03:26 AM All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Mike Maloney knows, or should know, about Bitcoin because I had an hour long lunch with him where we discussed it in depth. And Mike is not the only one; I have spent considerable time discussing Bitcoin in depth with many of the various writers. A few of them get it and most of them do not. There is a huge learning curve with Bitcoin and it takes a tremendous amount of monetary science, cryptography, computer science, economics and other disciplines to really grasp it. Of course, the best way to learn is to do it. So, refuse to buy their stuff until they accept Bitcoins. That will help them learn real quick! But they will get it faster than your local idiot peddling MBSes at Wells Fargo. So what were his thoughts on bitcoin? Title: Re: david morgan Post by: Cablez on August 16, 2012, 11:02:05 AM Yeah, I am curious too. Did he get it or does he see the potential?
Title: Re: david morgan Post by: cypherdoc on August 16, 2012, 02:19:29 PM All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Mike Maloney knows, or should know, about Bitcoin because I had an hour long lunch with him where we discussed it in depth. And Mike is not the only one; I have spent considerable time discussing Bitcoin in depth with many of the various writers. A few of them get it and most of them do not. There is a huge learning curve with Bitcoin and it takes a tremendous amount of monetary science, cryptography, computer science, economics and other disciplines to really grasp it. Of course, the best way to learn is to do it. So, refuse to buy their stuff until they accept Bitcoins. That will help them learn real quick! But they will get it faster than your local idiot peddling MBSes at Wells Fargo. Beginning of Story: Setting: sunnankar and GoldBug, Mila Kunis, trudging thru The Book of Eli desert wastelands. Goldbug: .......I just don't get it, this thing called Bitcoin. sunnankar: You will. after all, which is lighter? This USB stick in my pocket or that backpack full of gold you be luggin'? Goldbug: Well, nevermind you, the spot price; it's physical that counts. Plus, if you were a Real Man you'd carry it for me. AND, the length of that USB stick is physically about all you got btwn your legs anyways, punk! sunnankar: Ooh, gettin' testy, eh? Nuttin', Goldbug: STFU! a half hour later.... sunnankar: Damn, I'm thirsty. Goldbug: There! Can you see it?!!! That shimmer off in the horizon! sunnankar: Water? Goldbug: No?! It says....wait......Run.....To..................................Bitcoin! RunToBitcoin.com? WTF ???? sunnankar: Uh, well, ur.....see. See! There you have it! End of Story Title: Re: david morgan Post by: bitarrow on August 16, 2012, 04:17:54 PM All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Mike Maloney knows, or should know, about Bitcoin because I had an hour long lunch with him where we discussed it in depth. And Mike is not the only one; I have spent considerable time discussing Bitcoin in depth with many of the various writers. A few of them get it and most of them do not. There is a huge learning curve with Bitcoin and it takes a tremendous amount of monetary science, cryptography, computer science, economics and other disciplines to really grasp it. Of course, the best way to learn is to do it. So, refuse to buy their stuff until they accept Bitcoins. That will help them learn real quick! But they will get it faster than your local idiot peddling MBSes at Wells Fargo. Beginning of Story: Setting: sunnankar and GoldBug, Mila Kunis, trudging thru The Book of Eli desert wastelands. Goldbug: .......I just don't get it, this thing called Bitcoin. sunnankar: You will. after all, which is lighter? This USB stick in my pocket or that backpack full of gold you be luggin'? Goldbug: Well, nevermind you, the spot price; it's physical that counts. Plus, if you were a Real Man you'd carry it for me. AND, the length of that USB stick is physically about all you got btwn your legs anyways, punk! sunnankar: Ooh, gettin' testy, eh? Nuttin', Goldbug: STFU! a half hour later.... sunnankar: Damn, I'm thirsty. Goldbug: There! Can you see it?!!! That shimmer off in the horizon! sunnankar: Water? Goldbug: No?! It says....wait......Run.....To..................................Bitcoin! RunToBitcoin.com? WTF ???? sunnankar: Uh, well, ur.....see. See! There you have it! End of Story now rewrite it in the setting of MadMax :) Title: Re: david morgan Post by: cypherdoc on August 16, 2012, 04:19:21 PM apparently my story went over most everyone's heads. :(
Title: Re: david morgan Post by: DublinBrian on August 16, 2012, 04:20:44 PM The following people should be able to grasp bitcoin because they have both monetary and technological awareness.
Eric Townsend Chris Martin Marc Faber Karl Denninger I emailed Denninger and asked him to accept bitcoin payment for premium access to his forum, but the email bounced. But I know he's aware of bitcoin because he mentioned it on his blog. He seems to be against it. He calls himself a libertarian, but he supports the government, the dollar and is against Ron Paul! Go figure! Title: Re: david morgan Post by: minorman on August 16, 2012, 04:43:22 PM The following people should be able to grasp bitcoin because they have both monetary and technological awareness. Eric Townsend Chris Martin Marc Faber Karl Denninger I emailed Denninger and asked him to accept bitcoin payment for premium access to his forum, but the email bounced. But I know he's aware of bitcoin because he mentioned it on his blog. He seems to be against it. He calls himself a libertarian, but he supports the government, the dollar and is against Ron Paul! Go figure! +1 I would add Jim Rogers to that list. He is a notorious commodities bull (loves agriculture, silver, lead, ect.) and extreme sceptic of central banks (Ron Paul style). Once he understands bitcoin, I'm sure he would love it too. Title: Re: david morgan Post by: cypherdoc on August 16, 2012, 04:44:59 PM The following people should be able to grasp bitcoin because they have both monetary and technological awareness. Eric Townsend Chris Martin Marc Faber Karl Denninger I emailed Denninger and asked him to accept bitcoin payment for premium access to his forum, but the email bounced. But I know he's aware of bitcoin because he mentioned it on his blog. He seems to be against it. He calls himself a libertarian, but he supports the government, the dollar and is against Ron Paul! Go figure! seems to be more of a crapshoot than that. unfortunately, it seems its more dependent on age than anything, sunnankar being the quintessential example of a goldbug who got it but only b/c his testosterone is still raging ;). but that doesn't explain me, a boomer, who got it a long time ago. more probably it has to do with computer literacy and a willingness to dig in, learn, and think non-linearly. Title: Re: david morgan Post by: bitcon on August 16, 2012, 11:07:45 PM precious metals are also easily stolen if not secured properly, so saying the same for bitcoins does not really give that argument much of a leg to stand on.
Title: Re: david morgan Post by: smoothie on August 16, 2012, 11:14:35 PM precious metals are also easily stolen if not secured properly, so saying the same for bitcoins does not really give that argument much of a leg to stand on. Basically gold/silver and bitcoin have their pros and cons to having invested in them. The reason why I still buy silver regularly. Title: Re: david morgan Post by: sunnankar on August 17, 2012, 12:18:04 AM seems to be more of a crapshoot than that. unfortunately, it seems its more dependent on age than anything, sunnankar being the quintessential example of a goldbug who got it but only b/c his testosterone is still raging ;). but that doesn't explain me, a boomer, who got it a long time ago. more probably it has to do with computer literacy and a willingness to dig in, learn, and think non-linearly. I think it has more to do with humility and a willingness to learn. You would be surprised at the arrogance of most of these gurus; Denninger sent me an atom bomb middle finger once as a response to one of my emails in the middle of an email conversation with quite a few of recognizable names. Bitcoin is not simple and being able to comprehend it and the economic and monetary science implications takes an extremely keen mind plus the ability to not be dragged back to old paradigms. It takes an ability to analyze things objectively and with extreme vision and foresight. Keep in mind that so many of these people derive so much of their personal identity from their work; work which they have trumpeted for years. But then perhaps I am just the pot calling the kettle black. Having been around Bitcoin for a few years and having started recommending it around $0.05 it appears that quite a few of these people have missed the trade of the decade, if not the century. 13.50/.05=270x. Wouldn't it be ironic if the huge transfer of wealth the sound money folks have predicted goes not to the holders of gold and silver but instead to the holders of bitcoins. Oh wait, isn't that what is happening? If they missed and are missing the call on Bitcoin then I am not so sure they are worthy of the faith so many put in their opinions. Sure, they got a few things right but at the end of the day not what truly mattered. http://kudda-files.com/blog/wp-content/uploads/2010/04/scoreboard.jpg Title: Re: david morgan Post by: cypherdoc on August 17, 2012, 12:40:29 AM seems to be more of a crapshoot than that. unfortunately, it seems its more dependent on age than anything, sunnankar being the quintessential example of a goldbug who got it but only b/c his testosterone is still raging ;). but that doesn't explain me, a boomer, who got it a long time ago. more probably it has to do with computer literacy and a willingness to dig in, learn, and think non-linearly. I think it has more to do with humility and a willingness to learn. You would be surprised at the arrogance of most of these gurus; Denninger sent me an atom bomb middle finger once as a response to one of my emails in the middle of an email conversation with quite a few of recognizable names. Bitcoin is not simple and being able to comprehend it and the economic and monetary science implications takes an extremely keen mind plus the ability to not be dragged back to old paradigms. It takes an ability to analyze things objectively and with extreme vision and foresight. Keep in mind that so many of these people derive so much of their personal identity from their work; work which they have trumpeted for years. But then perhaps I am just the pot calling the kettle black. Having been around Bitcoin for a few years and having started recommending it around $0.05 it appears that quite a few of these people have missed the trade of the decade, if not the century. 13.50/.05=270x. Wouldn't it be ironic if the huge transfer of wealth the sound money folks have predicted goes not to the holders of gold and silver but instead to the holders of bitcoins. Oh wait, isn't that what is happening? If they missed and are missing the call on Bitcoin then I am not so sure they are worthy of the faith so many put in their opinions. Sure, they got a few things right but at the end of the day not what truly mattered. Denninger is really arrogant. i know the atom bomb middle finger picture you're referring to. guys like Peter Schiff completely dismiss Bitcoin and in the meantime is setting up gold investment funds and now even a non US bank backed by gold. in all fairness, you even admitted to missing the first Bitcoin wave on your blog. i still read it from time to time even tho i'm very much less invested in pm's than i used to be as of last year. having said that, i've already said you were a major factor in me investing in gold/silver starting back in 2005 and ending 2011. read all your posts, listened to all your podcasts and bought your e-book and i thank you for the words of wisdom that resulted in big profits all those years. i still listen to all the gold bug podcasts by the known pundits and i find it exasperating that none of them mention Bitcoin at all. i'd have to think that most of them have already heard about it from you and others. it's amazing they don't even mention it as a possibility. all the virtues they expound for investing in gold apply to Bitcoin and even then some like transportability. i am a living example of one of those you mentioned who has made a near complete shift from pm's to Bitcoin and the returns so far as a result have been spectacular. and with more to come. ;) there's one more reason neither of us have mentioned yet about the pundits; there is a huge vested interest in not acknowledging something that threatens their existing positions. edit: so what do you think of RunToBitcoin.com? :D Title: Re: david morgan Post by: smoothie on August 17, 2012, 02:00:34 AM seems to be more of a crapshoot than that. unfortunately, it seems its more dependent on age than anything, sunnankar being the quintessential example of a goldbug who got it but only b/c his testosterone is still raging ;). but that doesn't explain me, a boomer, who got it a long time ago. more probably it has to do with computer literacy and a willingness to dig in, learn, and think non-linearly. I think it has more to do with humility and a willingness to learn. You would be surprised at the arrogance of most of these gurus; Denninger sent me an atom bomb middle finger once as a response to one of my emails in the middle of an email conversation with quite a few of recognizable names. Bitcoin is not simple and being able to comprehend it and the economic and monetary science implications takes an extremely keen mind plus the ability to not be dragged back to old paradigms. It takes an ability to analyze things objectively and with extreme vision and foresight. Keep in mind that so many of these people derive so much of their personal identity from their work; work which they have trumpeted for years. But then perhaps I am just the pot calling the kettle black. Having been around Bitcoin for a few years and having started recommending it around $0.05 it appears that quite a few of these people have missed the trade of the decade, if not the century. 13.50/.05=270x. Wouldn't it be ironic if the huge transfer of wealth the sound money folks have predicted goes not to the holders of gold and silver but instead to the holders of bitcoins. Oh wait, isn't that what is happening? If they missed and are missing the call on Bitcoin then I am not so sure they are worthy of the faith so many put in their opinions. Sure, they got a few things right but at the end of the day not what truly mattered. Denninger is really arrogant. i know the atom bomb middle finger picture you're referring to. guys like Peter Schiff completely dismiss Bitcoin and in the meantime is setting up gold investment funds and now even a non US bank backed by gold. in all fairness, you even admitted to missing the first Bitcoin wave on your blog. i still read it from time to time even tho i'm very much less invested in pm's than i used to be as of last year. having said that, i've already said you were a major factor in me investing in gold/silver starting back in 2005 and ending 2011. read all your posts, listened to all your podcasts and bought your e-book and i thank you for the words of wisdom that resulted in big profits all those years. i still listen to all the gold bug podcasts by the known pundits and i find it exasperating that none of them mention Bitcoin at all. i'd have to think that most of them have already heard about it from you and others. it's amazing they don't even mention it as a possibility. all the virtues they expound for investing in gold apply to Bitcoin and even then some like transportability. i am a living example of one of those you mentioned who has made a near complete shift from pm's to Bitcoin and the returns so far as a result have been spectacular. and with more to come. ;) there's one more reason neither of us have mentioned yet about the pundits; there is a huge vested interest in not acknowledging something that threatens their existing positions. edit: so what do you think of RunToBitcoin.com? :D I agree with this partially. But I also think that something new needs time to grow on someone. Gold and silver have been around for thousands of years. I honestly think having a foot/hand in both bitcoin and the metals isn't a bad bet. The majority of my investment is in bitcoins currently.....i'm happy to say :D Title: Re: david morgan Post by: sunnankar on August 17, 2012, 05:48:50 PM there's one more reason neither of us have mentioned yet about the pundits; there is a huge vested interest in not acknowledging something that threatens their existing positions. Yeah. I was talking to someone this morning and recounting a story about a few of our mutual friends, who both run money out of NYC, who I introduced to Bitcoin. I let him know that if they had put $25k in then today it would be worth about $7.5m. For whatever reason they missed the boat, bad. Title: Re: david morgan Post by: jimbobway on August 17, 2012, 06:36:57 PM there's one more reason neither of us have mentioned yet about the pundits; there is a huge vested interest in not acknowledging something that threatens their existing positions. Yeah. I was talking to someone this morning and recounting a story about a few of our mutual friends, who both run money out of NYC, who I introduced to Bitcoin. I let him know that if they had put $25k in then today it would be worth about $7.5m. For whatever reason they missed the boat, bad. The boat has not sailed yet and there is still time to get on. This boat is like the boat in Lord of the Rings, Return of the King when near the end of the movie it takes a really long time to depart. All aboard! Bitcoin to $100. :) Title: Re: david morgan Post by: molecular on August 21, 2012, 09:33:59 PM there's one more reason neither of us have mentioned yet about the pundits; there is a huge vested interest in not acknowledging something that threatens their existing positions. Yeah. I was talking to someone this morning and recounting a story about a few of our mutual friends, who both run money out of NYC, who I introduced to Bitcoin. I let him know that if they had put $25k in then today it would be worth about $7.5m. For whatever reason they missed the boat, bad. The boat has not sailed yet and there is still time to get on. This boat is like the boat in Lord of the Rings, Return of the King when near the end of the movie it takes a really long time to depart. All aboard! Bitcoin to $100. :) exactly, there's still time and noone can complain about early adopter unfairness. Perhaps about "really early adopter unfairness". |
